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Lending data helps euro recover against greenback

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The euro rose 0.5 per cent against the US dollar on Tuesday, helped by solid data and a change in the mood music from European Central Bank policymakers before Thursday's meeting, beating back market bets on further monetary easing.

London

THE euro rose 0.5 per cent against the US dollar on Tuesday, helped by solid data and a change in the mood music from European Central Bank policymakers before Thursday's meeting, beating back market bets on further monetary easing.

Quarterly lending data from the ECB showed

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